Dogecoin leads way as most big cryptocurrencies post drops

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Dogecoin
DOGEUSD
seeing the biggest change, dropping 3.23% to 15 cents.

Six additional currencies posted reductions Tuesday. Ripple
XRPUSD
dropped 2.65% to 87 cents, and Cardano
ADAUSD
declined 1.46% to $1.22.

Litecoin
LTCUSD
fell 1.46% to $129.94, while Polkadot
DOTUSD
fell 1.01% to $22.59. Bitcoin Cash
BCHUSD
sank 0.67% to $380.52.

Bitcoin
BTCUSD,
which posted the smallest decrease, slid 0.49% to $47,710.53

On the other hand, two cryptos posted increases, with Uniswap
UNIUSD
seeing the largest rise at 1.02% to $11.55. Ethereum
ETHUSD
rose 0.81% to $3,444.98.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
inched down 0.91% to $199.58, while MicroStrategy Inc.
MSTR
climbed 0.22% to $511.10. Riot Blockchain Inc.
RIOT
shares declined 1.62% to $22.49, and shares of Marathon Digital Holdings Inc.
MARA
shed 2.81% to $30.39.

Overstock.com Inc.
OSTK
rallied 5.73% to $50.15, while Block Inc.
SQ
rallied 3.12% to $142.43 and Tesla Inc.
TSLA
rose 0.26% to $1,094.72.

PayPal Holdings Inc.
PYPL
rose 2.61% to $119.20, and Ebang International Holdings Inc. Cl A
EBON
shares were flat at $1.47. NVIDIA Corp.
NVDA
climbed 0.80% to $284.46, and Advanced Micro Devices Inc.
AMD
rose 2.61% to $121.23.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
rose 0.39% to $36.21. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, slid 0.32% to $18.85. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, was flat at $32.81.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.